HomeMy WebLinkAbout2001 [05] May 16Official Minutes- EDA Board
Pursuant to due call and notice there the Economic Development Authority for the City of St. Joseph met
in regular session on Wednesday, May 16, 2001 at 4:00 p.m. in the St. Joseph City Hall.
Members Present: Board Members Larry Hosch, Ross Rieke, Bob Loso and Bruce Gohman. EDA
Director Chad A. Carlson.
Members Absent: Mike Deutz
Others Present•
Jeff Schlingman, The Partnership
Approval of the ASenda: Loso made a motion to approve the agenda, seconded by Hosch. The motion
passed unanimously by those present.
Approval of Minutes: Loso made a motion to approve the minutes of April 11, 2001 meeting, seconded
by Hosch. The motion passed unanimously by those present.
Stratesic Plannin¢ Session
Schlingman again facilitated the discussion of the EDA Board. Schlingman stated the purpose of the
meeting is to identify "who" will complete the work items identified during the last meeting.
Schlingman further summarized the planning sessions that have occurred to date as a review for the
Board members.
Rieke requested the EDA Board bring him up to speed on the process thus far and apologized for his
absence. Rieke requested the EDA Board summarize the Revolving Loan Fund discussion.
Gohman stated that EDA Board will be researching the options in creating a revolving loan fund
policies and procedures. Capitalizing the fund will be a lazge task for the EDA Board and City
Council.
Cazlson stated that he has researched some options of capitalizing the fund and gave the Board
members some examples.
Hosch stated that the City needs to create a revolving loan fund for recruiting and retention efforts.
The question is what amount is sufficient to start a fund. T'he EDA needs to work with the City
Administrator and City Council.
Schlingman facilitated much discussion and EDA Board assigned the work items to the following
individuals and boards. The EDA Board also prioritized the work items and who will complete the
work as follows.
INDUSTRIAL
Goal: Promote industrial growth through financial and non-financial incentives.
Work Items
1) Research options to capitalize a local revolving loan fund.
Who
a) EDA Director
b) Mayor
C) City Administrator
d) Financial Advisors
2) Aggressively promote and assisted project development in the business park(s).
Who
a) EDA Director
b) EDA Board Members
c) City Council Members
d) The Partnership
3) Identify and target desirable industries.
Who
a) EDA Board
b) City Council
4) Work with the City Council to establish policies to promote and control growth.
Who
a) EDA Director
b) City Staff
C) City Council
d) Planning Commission
5) Use Tax Increment Financing and other financing tools to promote economic development.
Who
a) EDA Director
b) City Council
Goal: Target and attract high quality businesses that provide well paying jobs and increase
the local tax base.
Work Items
1) Develop a marketing program and design of a website for the EDA.
Who
a) City Administrator
b) EDA Director
c) All City Departments
d) Use College Resources
2) Identify additional industrial land for development within the Orderly Annexation Area.
Who
a) Planning Commission
b) St. Joseph Township Officials
C) City Council
d) EDA Board
3) Define "high quality business"
Who
a) City Council
b) EDA Board
4) Work on community amenities and quality of life issues.
Who
a) EDA Board
b) Chamber of Commerce
C) City Council
Due to time constraints of the EDA Board members and Mr. Schlingman, the brainstorming session
concluded and will resume on May 30`x.
Other Business
Carlson requested the EDA Board to approve the following training session and conference.
1) Upper Midwest Economic Development Course
2) EDAM Summer Conference
Carlson stated that he has received $250 from Stearns Electric Association and a $100 Scholarship from the
University of Minnesota -Duluth for the Economic Development Course.
Hosch moved to approve Carlson, EDA Director, attend the Upper Midwest Economic Development
Course July IS-20`"' in Duluth Minnesota; Seconded by Rieke. The motion passed unanimously by
those present
Hosch moved to approve Carlson, EDA Director, attend EDAM Summer Conference June 27-29`"" in
Brainerd Minnesota; Seconded by Loso. The motion passed unanimously by those present
Ad_lourn
The EDA Board rr~eeting ed by consensus at 6:15 p. m.
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Chad Carlso
EDA Director